diff --git a/package-lock.json b/package-lock.json
index 15543c5ecc3..5198c143442 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,6 +1,6 @@
 {
   "name": "prebid.js",
-  "version": "8.48.0",
+  "version": "8.49.0-pre",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
diff --git a/package.json b/package.json
index b642b5dff4d..6e668a9cad9 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "prebid.js",
-  "version": "8.48.0",
+  "version": "8.49.0-pre",
   "description": "Header Bidding Management Library",
   "main": "src/prebid.js",
   "scripts": {